(ORIENTELEC) Orient Electric complete technical analysis [charts+indicators] | Buy/Sell Orient Electric | (ORIENTELEC) share price targets
Complete technical analysis of Orient Electric (ORIENTELEC) by charts plus indicators, forecast predictions and share price targets for Orient Electric (ORIENTELEC)
Orient Electric trades in NSE in REAL_ESTATE_INVESTMENT_TRUST sector.
Showing technical analysis as on 2024-05-08 View latest technical analysis
10 day averaged volume of Orient Electric is 497168
Date | Daily Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 229.75 | 223.00 | 231.25 | 220.70 | 1.217 times |
07 Tue May 2024 | 221.95 | 227.65 | 228.45 | 220.65 | 0.583 times |
06 Mon May 2024 | 227.65 | 231.15 | 233.60 | 224.80 | 1.029 times |
03 Fri May 2024 | 229.50 | 226.40 | 232.00 | 220.00 | 2.431 times |
02 Thu May 2024 | 226.00 | 219.45 | 228.65 | 218.05 | 1.886 times |
30 Tue Apr 2024 | 218.45 | 219.45 | 222.80 | 217.40 | 0.522 times |
29 Mon Apr 2024 | 219.35 | 219.40 | 220.50 | 218.45 | 0.553 times |
26 Fri Apr 2024 | 217.75 | 219.00 | 220.95 | 216.10 | 0.562 times |
25 Thu Apr 2024 | 217.30 | 218.00 | 221.00 | 215.50 | 0.607 times |
24 Wed Apr 2024 | 218.40 | 219.65 | 220.60 | 217.90 | 0.527 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 232.3, for a target of 224 or 217.05
Share price targets for Orient Electric (ORIENTELEC)
Target Type | Value |
Downside Target | 189.00 |
Downside Target | 206.00 |
Downside Target | 213.45 |
Downside Target | 220.65 |
Downside Target | 223.00 |
Downside Target | 227.60 |
Upside Target | 232.00 |
Upside Target | 233.60 |
Upside Target | 236.95 |
Intraday share price targets for Orient Electric (ORIENTELEC)
Target Type | Value |
Downside Intraday Target | 222.4 |
Downside Intraday Target | 215.05 |
Upside Intraday Target | 235.35 |
Upside Intraday Target | 240.95 |
Downside Intraday Target | 228 |
Weekly technical analysis of Orient Electric (ORIENTELEC)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 229.75 | 231.15 | 233.60 | 220.65 | 0.525 times |
03 Fri May 2024 | 229.50 | 219.40 | 232.00 | 217.40 | 1.046 times |
26 Fri Apr 2024 | 217.75 | 209.00 | 223.00 | 208.65 | 3.399 times |
19 Fri Apr 2024 | 208.10 | 207.20 | 213.45 | 206.00 | 0.47 times |
12 Fri Apr 2024 | 211.05 | 216.00 | 216.00 | 206.95 | 0.591 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Orient Electric (ORIENTELEC)
Date | Monthly Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 229.75 | 219.45 | 233.60 | 218.05 | 0.435 times |
30 Tue Apr 2024 | 218.45 | 194.55 | 223.00 | 193.95 | 1.385 times |
28 Thu Mar 2024 | 193.10 | 208.70 | 213.45 | 191.55 | 0.439 times |
29 Thu Feb 2024 | 208.70 | 210.10 | 227.60 | 189.00 | 1.243 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Orient Electric (ORIENTELEC)
Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Orient Electric stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Orient Electric in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Orient Electric Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Orient Electric in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Orient Electric is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 225.08 and Orient Electric (ORIENTELEC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Orient Electric (ORIENTELEC) stock. Volume based technical analysis of Orient Electric (ORIENTELEC) stock is negative.
Orient Electric Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Orient Electric stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Orient Electric in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Orient Electric Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Orient Electric in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Orient Electric is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 225.08 and Orient Electric (ORIENTELEC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Orient Electric (ORIENTELEC) stock. Volume based technical analysis of Orient Electric (ORIENTELEC) stock is negative.
Orient Electric Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Orient Electric charts
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Daily charts
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